Newship Products Group Limited
Private Limited Company · Weybridge
ActiveUnited KingdomIncorporated 1977Private Limited Company
Financial position
Accounts to 2020-09-30 · GBP
Net assets
£3,316,000
Cash
£3,856,000
Turnover
£22,062,000
Profit / loss
£200,000
Current assets
£12,669,000
Creditors < 1 year
£10,364,000
Equity
£3,316,000
Average employees
227,000
Balance-sheet trend
GBP · unknownTwo periods with a known, matching scope are needed for a trend.
Financial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2020-09-3012 months | 2019-09-3012 months | 2018-09-30 | 2011-09-30 | 2010-09-30 | 2009-09-30 | 2008-12-31 | 1985-06-2912 months · Group · AI-read | 1984-06-30Group · AI-read |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet | |||||||||
| Net assets | £3,316,000 | £3,534,000 | — | £1,102,055 | £1,102,055 | — | £239,180 | — | — |
| Equity | £3,316,000 | £3,534,000 | £3,806,000 | £1,102,055 | £1,102,055 | £239,100 | £239,180 | £460,564 | −£8,231 |
| Share capital | — | — | — | — | — | — | — | £1,000 | £2 |
| Retained earnings | — | — | — | — | — | — | — | £72,047 | −£8,233 |
| Assets | |||||||||
| Fixed assets | £16,064,000 | £16,398,000 | — | — | — | — | £291,857 | £907,965 | — |
| Intangible assets | £55,000 | £59,000 | — | — | — | — | — | — | — |
| Property, plant & equipment | £4,648,000 | £4,978,000 | — | — | — | — | — | £907,805 | — |
| Investments | — | — | — | — | — | — | — | £160 | — |
| Current assets | £12,669,000 | £8,843,000 | — | — | — | — | £233,758 | £1,945,546 | £57,721 |
| Cash at bank | £3,856,000 | £72,000 | — | £152,000 | £98,000 | — | — | £424,123 | £15,085 |
| Debtors | £8,813,000 | £8,771,000 | — | £6,088,880 | £5,787,112 | — | £233,758 | £1,340,633 | — |
| Stock | £5,928,000 | £6,022,000 | — | — | — | — | — | £180,790 | — |
| Liabilities | |||||||||
| Creditors within one year | £10,364,000 | £6,754,000 | — | — | — | — | — | £2,330,447 | £54,952 |
| Creditors after one year | £5,291,000 | £6,190,000 | — | £6,911,557 | £5,839,789 | — | — | £62,500 | £11,000 |
| Provisions | £1,250,000 | £1,118,000 | — | — | — | — | — | — | — |
| Net current assets | £7,820,000 | £8,784,000 | — | — | — | — | −£52,677 | −£384,901 | £2,769 |
| Assets less current liabilities | £8,687,000 | £9,651,000 | — | £8,013,612 | £6,941,844 | — | £239,180 | £523,064 | £2,769 |
| Profit & loss | |||||||||
| Turnover | £22,062,000 | £23,429,000 | — | — | — | — | — | £3,482,702 | £147,090 |
| Cost of sales | — | — | — | — | — | — | — | £2,498,550 | — |
| Gross profit | £5,187,000 | £4,564,000 | — | — | — | — | — | £984,152 | £147,090 |
| Distribution costs | — | — | — | — | — | — | — | £154,775 | — |
| Administrative expenses | — | — | — | — | — | — | — | £659,285 | £145,286 |
| Other operating income | — | — | — | — | — | — | — | £3,924 | — |
| Operating profit | £1,136,000 | £1,256,000 | — | — | — | — | — | £174,016 | £1,804 |
| Interest receivable | — | — | — | — | — | — | — | £13,735 | — |
| Interest payable | — | — | — | — | — | — | — | £27,152 | — |
| Profit before tax | £1,013,000 | £6,100,000 | — | — | — | — | — | £160,599 | £1,804 |
| Tax | — | — | — | — | — | — | — | £11,631 | — |
| Profit / loss | £200,000 | £140,000 | — | — | — | — | — | £148,968 | £1,804 |
| Operating costs | |||||||||
| Depreciation | — | — | — | — | — | — | — | £20,535 | — |
| Operating lease charges | — | — | — | — | — | — | — | £5,950 | £500 |
| Audit fees | — | — | — | — | — | — | — | £1,131 | — |
| People & pay | |||||||||
| Average employees | 227,000 | 193,000 | — | — | — | — | — | 133 | 9 |
| Staff costs | — | — | — | — | — | — | — | £618,750 | £110,538 |
| Wages & salaries | — | — | — | — | — | — | — | £583,643 | — |
| Social security costs | — | — | — | — | — | — | — | £33,397 | — |
| Pension costs | — | — | — | — | — | — | — | £1,710 | — |
| Directors' remuneration | — | — | — | — | — | — | — | £70,884 | £41,560 |
| Highest paid director | — | — | — | — | — | — | — | £23,239 | £20,802 |
| Source evidence | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing |
From the accounts
What the accounts for 1985-06-29 say about themselves, read by AI from the scanned filing.
- Principal activity
- The principal activity of the company during the year was that of a group holding company providing management services to associated companies.
- What it does
- management services · horticultural products · indoor pot plants (AI keywords)
- The year
- The group was involved in the business of horticulturalists and suppliers of indoor pot plants.
- Outlook
- During the year to 30 June 1986 the company has traded profitably.
- Approved
- 1986-06-26
Turnover by segment (3)
- Management fees: 640,235 (1985-06-29)
- Sale of horticultural products: 2,842,467 (1985-06-29)
- Management fees: 147,090 (1984-06-30)
Borrowings (4)
- Bank overdrafts (secured) · 1,597 · secured on Bank loans and overdrafts are secured by fixed and floating charges over all of the assets of the group.
- Medium term bank loan (secured) · 110,613 · secured on Bank loans and overdrafts are secured by fixed and floating charges over all of the assets of the group.
- Other bank loan (secured) · 25,000 · secured on Bank loans and overdrafts are secured by fixed and floating charges over all of the assets of the group.
- Loan from investors in Industry plc · from investors in Industry plc · 62,500 · 15% per annum · repayable in eight equal instalments, commencing 31 March 1985 · secured on secured by a second charge of the assets of the company and its subsidiaries
Acquisitions (1)
- Guestport Limited · whole of the issued share capital · 1985-03-18
Shares issued in the year (2)
- 900 Ordinary · 1985-06-14
- 998 Ordinary · for at par by the capitalisation of part of the company's retained earnings · 1985-06-14
Directors' report (4)
- Mr. J.W. Newman
- Mr. N.D. Shipp
- Mr. S.W.A. Comonte
- Mr. M.R. Eke
Share classes (2)
- 1,000 Ordinary shares of £1 each of £1
- 2 Ordinary shares of £1 each of £1
Contingent liabilities (1)
- There are contingent liabilities in respect of leasing arrangements entered into in the normal course of business.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesShow 1 satisfied / released
All Assets · created 1985-03-18 · satisfied 1989-01-13
All monies
Satisfied